The rate dropping is a frickin' miracle.
As soon as everyone else gives up looking for work the rate will drop to zero.
A huge number of people dropped out of teh work force and THEY are not counted...that is why the unemployment rate “appears” to have gone down. It is bogus in the extreme. If you count all who have left the workforce (stopped looking) the real unemployment rate is much much higher!
The MSM is rewriting their theme for the 2014 mid term elections from
“best recovery in US history”
to
“would have been the best recovery in US history except for the Republican budget cuts”
Experts set the unemployment at 15% which is low considering the millions that have no jobs.
As short a time ago as February, the Ministry of Plenty had issued a promise (a 'categorical pledge' were the official words) that there would be no reduction of the chocolate ration during 1984. Actually, as Winston was aware, the chocolate ration was to be reduced from thirty grammes to twenty at the end of the present week. All that was needed was to substitute for the original promise a warning that it would probably be necessary to reduce the ration at some time in April.This whole employment tracking fiasco in this country has become nothing but a big flippin’ joke. A government jobs program for the unemployable. These numbers mean absolutely nothing.
The Sequester is set to cut $1 Trillion over 10 years. For uneducated democrats (I know, it's redundant) that's $100 Billion per year. Divide that by 12 and you come up with a cut of just $8.3 Billion per month.
Our federal spending is set to hit almost $3.7 Trillion this year or $308.3 Billion per month. The sequeeter brings us down to $300 Billion per month or a decease of 2.7%. Thats a rounding error in this government that loses track of 10 times that amount every month.
Democrats just need to get over the sequester (which was the President's idea) and realize the mess we are enduring is the result of having economic idiots living in the White House and holding the gavel in the Senate.
Absolutely no one believes these figures, not even the people who are writing the press releases or reporting them. That’s the way things start to rot and collapse, by the way. Ask people from Brezhnev’s administration.
Obama could easily attain “full” employment, by...
A new stimulus to get 10 million people to quit looking for work. Each person could get $100,000 and for a total of $1 trillion. What’s a measly trillion dollars nowadays? And, it would be for a good cause, that being his approval rating and the unemployment rate going down. People might even start petitions to keep him as president for life. ;)